Kuwait Oil Company has announced that it has signed a $16 billion lease-and-lease-back agreement involving its entire domestic and export pipeline network with a consortium of international infrastructure and institutional investors led collectively by Blackstone, Brookfield and KKR.
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The United States has imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 major trading partners, including several Middle Eastern countries, after concluding that they had failed to take sufficient action to prevent goods produced with forced labour from entering their markets.
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With an Instagrammability score of 100, Dubai tops the ranking of the most photographed cities in the world. It has been tagged 147 million times on Instagram and more than 43 million times on TikTok, says a report.
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US President Donald Trump has threatened "major military punishment" against Iran and Yemen's Houthi movement after two Saudi oil tankers were attacked in the Red Sea, as fears of a widening threat to global shipping pushed oil prices above $100 a barrel for the first time since May.
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Oil prices are climbing once again, and with them, fears that inflation could make an unwelcome return. Renewed tensions between the US and Iran have shifted investors' attention back to the impact of higher energy costs on the global economy, said a leading global market strategist.
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Saudi Arabia was the region's largest dividend payer, distributing an estimated $24.5 billion during the first quarter and accounting for almost 84% of all Middle East dividends, according to a new report.
Emirates NBD delivered a record financial performance in the first half of 2026, generating AED16.2 billion ($4.41 billion) profit before tax, up 5% year-on-year, fuelled by a 13% increase in net interest income and an impressive 25% growth in non-funded income.
US Secretary of Energy Chris Wright and Saudi Minister of Energy Prince Abdulaziz bin Salman have signed a peaceful nuclear cooperation agreement, commonly known as a 123 agreement, alongside an accompanying bilateral safeguards agreement.
Concerns over the security of global shipping lanes intensified on Thursday after Yemen's Iran-backed Houthi movement claimed attacks on two Saudi oil tankers in the Red Sea, while US President Donald Trump warned he would retaliate against any Iranian attempt to target commercial vessels transiting the Strait of Hormuz.
UAE-based Alef Group has announced the successful sell-out of Phase One of Linar, a AED4 billion ($1.1 billion) waterfront residential development in Al Mamzar comprising Towers A, B and C. Following exceptionally strong demand, Alef has now released Towers D and E for sale.
DP World has announced that it has entered into a 50-year concession agreement to develop two multipurpose container ports in Fujairah. Once operational, the development will boost DP World's total container handling capacity in the UAE to almost 22 million TEUs from 19.4 million TEUs.
US President Donald Trump has approved a 30-year civilian nuclear cooperation agreement with Saudi Arabia that could eventually allow the kingdom to enrich uranium for its nuclear energy programme under a modified oversight framework, CNN reported, citing two US officials and a source familiar with the matter.
Havelock One Interiors, a leading fit-out contractor in the GCC, has announced that it has been appointed by Kuwait-based Tamdeen Group to deliver the interior renovation of its key retail destination 360 Mall at Al Zahra. The entire revamp programme will be delivered in four phases.
Bahrain’s Labour Fund “Tamkeen” and M42, a global health leader powered by AI, advanced technology and genomics, have signed a memorandum of understanding to explore areas of collaboration aimed at creating promising opportunities for Bahraini talent and driving innovation in the healthcare sector.
Burtville Developments has announced the launch of its premium branded residential development - Bab Al Qasr Garden Residences 65 - in Masdar City. Spanning over 310,000 sq ft, the Abu Dhabi project will boast a mix of one- to five-bedroom apartments, including duplexes and sky villas.
Spanish group Ampo Poyam Valves said it has been selected to supply 180 highly engineered large-size gate valves for Saudi Aramco’s Riyas NGL Fractionation Trains project. The EPC work is being handled by Técnicas Reunidas, a global engineering and construction company.
Several Gulf carriers have cancelled their flights to a few destinations, including some services to Bahrain, due to the ongoing regional situation, affecting many passengers planning to travel for the summer holiday, a GDNonline report said.
The inaugural edition of the Made in GCC 2026 Forum and Exhibition - the largest industrial gathering aimed at strengthening industrial co-operation and integration among the Gulf states - will be held from October 6 to 8 at Exhibition World Bahrain.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Burtville Developments has announced the launch of its premium branded residential development - Bab Al Qasr Garden Residences 65 - in Masdar City. Spanning over 310,000 sq ft, the Abu Dhabi project will boast a mix of one- to five-bedroom apartments, including duplexes and sky villas.
Bahrain’s Labour Fund “Tamkeen” and M42, a global health leader powered by AI, advanced technology and genomics, have signed a memorandum of understanding to explore areas of collaboration aimed at creating promising opportunities for Bahraini talent and driving innovation in the healthcare sector.
Saudi Arabia is embedding AI literacy into its national strategy to support economic growth, workforce upskilling, and responsible AI adoption, according to a new report.
Anjali Precious Metals, one of the UAE's renowned family-owned precious metals businesses, has announced the launch of Anjali Digital Metals, a premium mobile platform that marks the company's entry into the digital investment space after more than 23 years of serving customers across the UAE.
The UAE and Canada have announced that the duo has concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA) in a move aimed at boosting trade and investment in key sectors including aerospace, clean energy, aviation and critical minerals.
Beyon has been ranked third among the Best Workplaces in Technology in the Middle East for 2026, according to Great Place to Work Middle East, in recognition of its commitment to fostering a workplace culture that empowers employees and drives innovation.
Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in the UAE, said DTC maintained resilient operations during Q2 2026 and H1 2026 despite a challenging operating environment across much of the quarter.
UFC, the world's premier mixed martial arts organisation, in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is kicking off Abu Dhabi Showdown Week on Yas Island with an action-packed programme of fan experiences, athlete appearances and live events ahead of UFC Fight Night: Ankalaev vs Guskov at Etihad Arena on Saturday (July 25).
Air defence systems in Saudi Arabia intercepted two ballistic missiles from Yemen on Saturday targeting oil refineries in Yanbu, Greek security sources a day after US forces launched fresh air strikes on Iran, said media reports. The defence system was operated by Greek military personnel.
